
businessAug 3, 20266:11pending
Active Energy CEO: "Our ambition has become much bigger than one project" in UAE
About this episode
Active Energy Group PLC (AIM:AEG, OTCID:AEUSF) CEO Paul Elliott tells Proactive's Stephen Gunnion the company has moved beyond single projects, building a scalable infrastructure pipeline in the UAE backed by ties to government bodies, royal family offices and major tech and infrastructure players.
Elliott said the Ghummud project is performing in line with expectations, with first quarterly revenue figures due shortly. On Bitdeer, talks have turned increasingly strategic, spanning an initial 5MW site expandable to 10MW alongside discussions on a potential 50MW-100MW development.
Addressing concerns over the pace of progress, Elliott said working with governments, royal households and major international businesses takes patience, and Active Energy remains committed to the UAE despite regional uncertainty.
Looking ahead, Elliott said the goal is to become a recognised infrastructure developer for the AI and digital infrastructure market: "Our ambition has become much bigger than one project... They want big, scalable sites, which is what we are doing."
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#ActiveEnergy #AEG #PaulElliott #UAE #AIInfrastructure #DigitalInfrastructure #Bitdeer #Infrastructure #Energy #DataCentres #AIM #Investing #SmallCaps #ProactiveInvestors #GrowthStrategy
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